LATEST NEWS

To date PT. SRMD is going to continue the drilling campaign for development and exploratory wells. The campaign will be started by the end of December 2014 to September 2015.

The production preparation of Lumbian-1 discovery well has been initiated. The well is expected to be on stream at Q2 of 2015.

These efforts are expected to increase the production rate of Merangin II block as well as to add more Proven Reserves within the Merangin II portfolio.

Relief well has been completed successfully as it is first operation in Indonesia with magnetic ranging Halliburton.

Sele Raya Belida (PT. SRB) – Belida Block, South Sumatra

SRB is preparing its first oil production by completing the facility and equipment related to the POD of Sungai Anggur field. The first oil production in Belida Block is expected to be on stream at the latest by the end of Q3 of 2015.

SRB is also in progress to get the approval from SKK Migas on the Proposal of Put On Production of Cantik-1 discovery well.

SRB has POD approval for Cantik Field

Cantik Field will produce Q1 2018

Sungai Anggur Field will produce in Q3 2018

Sele Raya Energi (PT. SRE) – Blora Block, Central and East Java

An exploratory well is ready to be drilled in Q1 of 2015

The seismic acquisition program is expected to be kicked off at the latest in Q2 of 2015